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Sergio [31]
3 years ago
11

On July 1 of last year, total employees at company E was decreased by 10 percent. Without any change in the salaries of the rema

ining employees, the average (arithmetic mean) employee salary was 10 percent more after the decrease in the number of employees than before the decrease. The total of the combined salaries of all the employees at Company E after July 1 last year was what percent of that before July 1 last year?A. 90%B. 99%C. 100%D. 101%E. 110%
Business
1 answer:
babymother [125]3 years ago
5 0

Answer:

The total of the combined salaries of all the employees at Company E after July 1 last year was 110% of that before July 1 last year.

Explanation:

If we use numbers, as example, we can get that:

Before July 1st Company E' s employes had in average salary of $100.000 (example).  

If, after the decreased of employees, average salary was 10% percent more, that means that:

  • $100.000 x 10%= <u>$10.000 </u>

So, total of combined salaries after decreased was

  • $100.000+$10.000= $110.000

$110.000 is the 110% of the average salary before decreased because:

  • <u>$110.000/100.000 = 110%</u>
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Natali5045456 [20]

Answer:

$5,500

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Adjustments to allowance required

= $15,000 - $9,500

= $5,500

The entries to be posted are

Debit Bad debt $5,500

Credit Allowance for Doubtful debt $5,500

6 0
3 years ago
A separation between ownership and management is most likely to occur in a:
Thepotemich [5.8K]
 a separation between ownership and management is most likely to occur in a  : Corporation
In a corporation, the owners (or more commonly known as the share holders) tend to higher the executive that they believe is capable to manage the company

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7 0
3 years ago
JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha
MrRissso [65]

Answer:

A tender offer.

Explanation:

This is simple explained to be the offer put to place to execute a work or even services for a said/given price. These offers are typically said to be done publicly; shareholders in some cases a been put to place to sell their shares for a specified price and within a particular window of time. Target sales orders which are been tabled/offered are been usually placed at certain premium value which are effective in market price and is often contingent upon a minimum or a maximum number of shares sold. In many other cases, tender are seen to be in security forms or other non-cash alternatives are offered in exchange for shares.

3 0
3 years ago
With the _____ approach, an organization chooses an outsourcing company in a neighboring country, such as when a U.S. organizati
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Answer:

a. nearshore outsourcing

Explanation:

Nearshore outsourcing is a business practice related to transferring certain activities and services to people and organizations in neighboring countries.

Since Canada and Mexico are neighboring countries of the US, this is nearshore outsourcing. On the other hand, offshore outsourcing is a type of outsourcing that transfers the activities on to farther countries. In this example, offshore countries would be India or Ukraine.

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4 years ago
he company rented an office for $ 3600 per month starting from January​ 1, 2018. On that​ day, ABC prepaid the rent through June
pickupchik [31]

Answer:

The balance in the Prepaid Rent account as of April​ 30, 2018 = $7,200

Explanation:

Monthly rent = $3,600

Rent paid on 1 January = $3,600 \times 6 = $21,600

Out of which Prepaid Rent = $3,600 \times 5 = $18,000

for 5 months

Prepaid rent account as on April 30 balance will be of rent for May and June,

That is $3,600  \times 2 = $7,200

Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.

Final Answer

The balance in the Prepaid Rent account as of April​ 30, 2018 = $7,200

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